Hi traders:
XAUUSD is still on my weekly watch list for a sell.
We see price action forming this last ascending structure, correcting itself up towards the higher time frame structure, and double tops.
When I see these structure within structure, it further adds confluence to my style of trading.
What I like to see the price do now is to have a strong move to the downside on lower time frame, and I will look for continuation correction to add in the sell.
Its important to know even if price continues to break up, if I see that sharp down move on the lower time frame followed by a correction, the sell is still valid in my plan.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
XAUUSD is still on my weekly watch list for a sell.
We see price action forming this last ascending structure, correcting itself up towards the higher time frame structure, and double tops.
When I see these structure within structure, it further adds confluence to my style of trading.
What I like to see the price do now is to have a strong move to the downside on lower time frame, and I will look for continuation correction to add in the sell.
Its important to know even if price continues to break up, if I see that sharp down move on the lower time frame followed by a correction, the sell is still valid in my plan.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
Komen:
Komen:
Komen:
Price had an impulse move up, break above structure. However it did retrace back down. This fits of trading plan for a valid setup, If we see a correction here then I would be looking for sell entry down.
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NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.